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Ebooc
United Arab Emirates
2018 (7 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know Ebooc
Company Information
Get to know Ebooc
ebooc (Arabic word meaning a digital wallet) is the first Emirati fintech and loyalty solutions enterprise. ebooc has developed a unique multi-participant loyalty program operating on blockchain technology – called ebooc loyalty ebooc loyalty has developed a blockchain Point of Sales (POS) Solution integrated with a loyalty card working with NFC technology or through a digital loyalty wallet (on your mobile) creating a single point of contact for all your loyalty needs. ebooc keeps track of all your loyalty points and programs. It also allows you to earn points in singular ebooc points and burn collectively making your life less complicated and more fun. ebooc makes loyalty accumulation and spending easy across the entire ecosystem of loyalty programs and reduces wastage by making sure you never lose any of your unredeemed points ebooc is the first multi-participant block chain based loyalty platform for loyalty programs on a decentralized distributed ledger providing a singular inter operable access for the customer to earn and burn freely and gain more. ebooc also provides Big Data / Predictive Analysis capabilities as it collects and analysis loyalty usage patters for customers and will assist in providing insights on consumer buyer behavior.it will assist in identifying the likelihood of future customer transactions based on historical data.
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